Why have Republicans stopped bragging about the stock market?

[Que]

GREAT AGAIN: Stocks Surge on New Jobs Report, Lowest Unemployment in a Generation: “The U.S. adding a robust 263,000 new hires in April while the unemployment rate fell to 3.6%, the lowest in a generation, according to a Labor Department report Friday. Nonfarm payroll growth beat Wall Street expectations of 190,000 and a 3.8% jobless rate, according to Dow Jones estimates.”

Paul Krugman on Election Night: “If the question is when markets will recover, a first-pass answer is never.”

Rory has got to be getting a thrill up his leg with the stock market at all time highs again so quickly. At this pace he knows there will be profit-taking and he can gloat about a numerically larger drop the next corrextion.

 

[bbx56]

5 minutes when the mkt is down 1 point

he screams

THE WORLD IS ENDING

 

[bbx56]

BUMP



MarketWatch

Nasdaq closes at record high; Dow jumps over 190 points

 

[Adre]

BUMP



MarketWatch

Nasdaq closes at record high; Dow jumps over 190 points

What are you, the town crier?

 

[SpeareChucker]

Rory must have left this thread screaming, because he rarely fails to pay me proper tribute.

 

[bbx56]

What are you, the town crier?

fuck off, dirt bag NIGGER

 

[someoneyouknow]

Here are two charts showing how weak the con artist has been for the economy:

https://ei.marketwatch.com/Multimedia/2019/05/03/Photos/MG/MW-HI792_payrol_20190503085419_MG.jpg?uuid=90d6206e-6da2-11e9-add5-9c8e992d421e

The first is employment figures. Note the near identical readings from Obama to the con artist. The second is unemployment. Note how it's been falling long before the con artist lied his way into office.

So nope, nothing special. In fact:

We’ve now created about 2.6 million jobs over the last 12 months — solid, but no more than in 2014, and slightly fewer than in 2015. This remains true no matter what Twitter says.​

Don't forget, the labor participation rate has also fallen under the con artist which then makes the unemployment rate look better. All that's happened is the boomers are retiring so of course there would be less unemployed people.

https://www.marketwatch.com/story/boom-economists-hail-strong-jobs-report-as-jobless-rate-dips-to-vietnam-draft-era-low-2019-05-03?mod=mw_latestnews

https://www.marketwatch.com/story/good-jobs-report-shows-there-is-still-no-trump-boom-2019-05-03?mod=mw_latestnews

 

[SpeareChucker]

When the labor participation rate fell drastically under President Obama,
we were assured that it was only the retiring baby boomers...



But yeah, this economy is so much worse off without President HRC at the helm.

We'd be setting new records almost weekly and she would graciously praise president Obama for 'her' booming economy.

This is why Trump should not have gotten his tax cuts for the wealthy, just just proves how stupid all the Trumpettes are when they say more Capital creates more jobs, since the rich did nothing with their massive wealth transfer on the backs of the working man, those fucking deplorables...

Honest Joe's people.

You get Joe Biden in there, and even those stupid fucking deplorables will benefit because he's no con man!

SYK has spoken. There is fire in his water.

 

[SpeareChucker]

You should also throw in the rhetoric about how the rising stock market only benefits the rich.

All those retired baby boomers have had their faith in the system shaken to the core by the fucking con man...

It's like the wealthy are stealing straight from their retirement accounts.

Listen to his words of firewater!

 

[Luk]

Rory must have left this thread screaming, because he rarely fails to properly make fun of my pathetic ass.

You sad bro?

 

[SpeareChucker]

https://www.youtube.com/watch?v=5XcKBmdfpWs

 

[Luk]

Quit being marginally employed, that will help.

 

[bbx56]

Here are two charts showing how weak the con artist has been for the economy:

https://ei.marketwatch.com/Multimedia/2019/05/03/Photos/MG/MW-HI792_payrol_20190503085419_MG.jpg?uuid=90d6206e-6da2-11e9-add5-9c8e992d421e

The first is employment figures. Note the near identical readings from Obama to the con artist. The second is unemployment. Note how it's been falling long before the con artist lied his way into office.

So nope, nothing special. In fact:

We’ve now created about 2.6 million jobs over the last 12 months — solid, but no more than in 2014, and slightly fewer than in 2015. This remains true no matter what Twitter says.​

Don't forget, the labor participation rate has also fallen under the con artist which then makes the unemployment rate look better. All that's happened is the boomers are retiring so of course there would be less unemployed people.

https://www.marketwatch.com/story/boom-economists-hail-strong-jobs-report-as-jobless-rate-dips-to-vietnam-draft-era-low-2019-05-03?mod=mw_latestnews

https://www.marketwatch.com/story/good-jobs-report-shows-there-is-still-no-trump-boom-2019-05-03?mod=mw_latestnews

TDS

 

[RobDownSouth]

When the labor participation rate fell drastically under President Obama,
we were assured that it was only the retiring baby boomers...

which was proven to be true, housesquaw.

I know in your world, one dollar, one quarter and one nickel equals 92 cents, but let's do some "real-world" maths for a minute...

US won WW2 in 1945. Beginning in 1946, returning soldiers began making babies at a YUUUUGE rate. You, unfortunately, were one of them.

Now as we all know, people 65 and older get that sweet sweet socialist government Social Security.

Add 1946 and 65 together and what do you get?

Well, on your calculator the answer is probably 42, but on MY real-world calculator, it's 2011.

So the wave of baby boomer started retiring en masse (note to Que: that means "as a group") beginning in...2011. Hence, the fall in the labor participation rate. Population remained static, but teh amount of freeloader retirees (those without squaws slaving away at a job for them) skyrocketed.

So, in summary, go fuck yourself.

obligatory disclaimer for argumentative Que's sake: NOBODY said it was ONLY the boomers, but they were a significant factor in the labor participation decline.

 

[Rightguide]

Why have Republicans stopped bragging about the stock market?

Cuz it speaks for itself.

 

[Worm]

All Hail God King Emperor Trump; Savior of the Republic.

 

[SpeareChucker]

I'm going to stop rarely posting in this thread if Rory won't engage in TRIBUTE!!!

 

[bbx56]

All Hail God King Emperor Trump; Savior of the Republic.

Agreed

 

[RobDownSouth]

All Hail God King Emperor Trump; Savior of the Republic.

^^^^^Best Busybody impression of all time!^^^^^^
OF
ALL
TIME!
​

 

[Luk]

Shit went south this morning. 45 threatening China with an additional 15% to up it to 25% has sent the market into the tank.

 

[bbx56]

the tank?

its down LESS then 1% frm the high

I BOUGHT

MOAR

todaY

 

[RobDownSouth]

Goldman Sachs estimated that Trump had a 40% likelihood of carrying through with his threat, and the market is reacting accordingly.

As Que solemnly informed us last week, a 2-in-5 (40%) chance is "more than half".
*nods*


#MathsIsHard

 

[Luk]

Goldman Sachs estimated that Trump had a 40% likelihood of carrying through with his threat, and the market is reacting accordingly.

As Que solemnly informed us last week, a 2-in-5 (40%) chance is "more than half".
*nods*


#MathsIsHard

Solid mathmatics!

 

[RoryN]

Did it gain today, per deplorables' wishes for bragging rights?

Let's see...

...oh dear.

 

[toeskr]

Did it gain today, per deplorables' wishes for bragging rights?

Let's see...

...oh dear.

It goes up, you hide.

It goes down, you blurt.